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    Home > Chemicals Industry > New Chemical Materials > PVC futures prices retreated and the short-term rebound was high or limited

    PVC futures prices retreated and the short-term rebound was high or limited

    • Last Update: 2022-11-25
    • Source: Internet
    • Author: User
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    As of 11.
    14, PVC futures prices fluctuated and fell
    .
    The People's Bank of China and the China Banking and Insurance Regulatory Commission issued 16 real estate measures; There is an expectation of a pick-up in plant starts; PVC as a whole is still losing money; Low-priced imported materials hit the market; The subsequent northern market entered the off-season; The demand situation in the downstream industry is average
    .

    PVC

    Futures market: as of 11.
    14, the main force of PVC closed at 5863 yuan / ton (+0.
    15%); Top 20 main long positions: 426794 (+18940) Short positions: 451568 (+35330); Net short position: 24774 (+15715).

    Spot: as of 11.
    14 East China (calcium carbide method) quotation: 6030 yuan / ton (+30); South China (calcium carbide method) quotation: 6120 yuan / ton (+15).

    Blue charcoal: as of 11.
    14 Shaanxi 1558 yuan / ton (0).

    calcium carbide: as of 11.
    14 North China 3990 yuan / ton (-65).

    In terms of news, the People's Bank of China and the China Banking and Insurance Regulatory Commission jointly issued new measures in real estate, which have a positive and important impact
    on the current real estate market.
    The recent easing of epidemic prevention policies and the slowdown in interest rate hikes by the Federal Reserve have supported the overall commodity market
    .
    Combined with the fundamentals of PVC itself, the installation is still expected to start and recover, and the north has entered the off-season, further inhibiting demand
    .
    Short-term changes in fundamentals are expected to be relatively limited
    .
    And the subsequent low-priced imported materials hit the market, and the short-term PVC rebound height or limited
    .

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